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Nets acquire K.J. McDaniels from Rockets

The Houston Rockets traded K.J. McDaniels to the Brooklyn Nets.

The deal allows Houston to free $3 million in cap space to use on the buyout market. The Rockets are now $3.3 million below the salary cap with 14 guaranteed contracts.

Houston is 40-18 and currently holds the No. 3 seed in the Western Conference.

McDaniels, 24, averaged 2.8 points in 29 games with Houston this season.

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